Demonetization has impacted almost everybody in the
country, it has changed the way of payment and using money. Through
this method, citizen of the country has adopted the most effective
way of using currency. Majority of the people have gone cash less,
this has made flexible for the people for using the currency. This
adoption has completely altered the lifestyle of the people. Now
everybody buy things through credit cards and debit card as they
don’t need to carry cash all the time. Shortage of cash is the major
problem in the country, due to this the flow of cash has blocked for
sometime. As far poor people are concerned they are facing problem in
getting the right amount of cash. As there is always a long queue
outside the bank and the ATM to get the cash. For this problem,
government of India has come up with new plan to make people free
from cash . On Thursday Prime Minister Narendra Modi has introduced
an effective plan for going cashless. He has introduced discount
offers on the online payment of petrol, railway tickets and insurance
policies. This has made life easier for the citizen to buy things
easily.
country, it has changed the way of payment and using money. Through
this method, citizen of the country has adopted the most effective
way of using currency. Majority of the people have gone cash less,
this has made flexible for the people for using the currency. This
adoption has completely altered the lifestyle of the people. Now
everybody buy things through credit cards and debit card as they
don’t need to carry cash all the time. Shortage of cash is the major
problem in the country, due to this the flow of cash has blocked for
sometime. As far poor people are concerned they are facing problem in
getting the right amount of cash. As there is always a long queue
outside the bank and the ATM to get the cash. For this problem,
government of India has come up with new plan to make people free
from cash . On Thursday Prime Minister Narendra Modi has introduced
an effective plan for going cashless. He has introduced discount
offers on the online payment of petrol, railway tickets and insurance
policies. This has made life easier for the citizen to buy things
easily.
Digital Payment is the most authentic way of making any
kind of payment, you can purchase things easily and free from the
chaos of paying any kind of token money. Not only that digital
payment gives you an opportunity to win reward points through which
you may get extra discount on any type of purchase. This decision was
made on the one month anniversary of the demonetization decision. PM
Modi also highlighted the key aspects of using card instead of cash.
Finance Minister Arun Jaitley stated that there would be 0.75%
discount on petrol, 10% discount on the e-wallet and 8% discount on
life insurance. Digital Payment has revolutionized the flow of
payment,public sectors are offering discount if you buy things from
them. Through Digital Payment, you may also get the monetary benefits
so that you could enjoy the process. Arun Jaitley has offered
discount on the railway ticketing and buying insurance policies
through PSUs. This method would be helpful for the nation to get
digitized completely. Instead of standing in the queues for the long
time it is better to get to pay through e-wallet or card.
kind of payment, you can purchase things easily and free from the
chaos of paying any kind of token money. Not only that digital
payment gives you an opportunity to win reward points through which
you may get extra discount on any type of purchase. This decision was
made on the one month anniversary of the demonetization decision. PM
Modi also highlighted the key aspects of using card instead of cash.
Finance Minister Arun Jaitley stated that there would be 0.75%
discount on petrol, 10% discount on the e-wallet and 8% discount on
life insurance. Digital Payment has revolutionized the flow of
payment,public sectors are offering discount if you buy things from
them. Through Digital Payment, you may also get the monetary benefits
so that you could enjoy the process. Arun Jaitley has offered
discount on the railway ticketing and buying insurance policies
through PSUs. This method would be helpful for the nation to get
digitized completely. Instead of standing in the queues for the long
time it is better to get to pay through e-wallet or card.